BC Capital Partners Acquires Los Angeles Multifamily With $2.08M Loan

The multifamily property located at 635 N Harvard Blvd in Los Angeles, CA has been involved in a recent loan transaction.

Summary of transaction details

• Property Type: Multifamily ~ 6 Units
• Transaction Amount: $2,080,000

The loan was provided by Pacific Premier Bank to BC Capital Partners for the acquisition of the property. The loan amount was $2,080,000, with a fixed interest rate of 3.65% for a term of 3 years. The loan is interest-only for the full term.

David Oheb from Meridian Capital Group represented BC Capital Partners in this loan transaction. For more information on how Meridian can add value to your real estate portfolio, you can contact David Oheb at 212-612-0193 or [email protected].

BC Capital Partners is actively seeking new middle market acquisition opportunities in Los Angeles. For inquiries, you can reach them at [email protected].

Note from Meridian Capital Group: Meridian Capital Group is America's most active dealmaker, closing $40 billion in financing in 2020 with over 250 unique lenders across various property types. Their expertise includes multifamily, office, retail, hotel, mixed-use, industrial, healthcare, senior housing, and construction. Meridian represents leading real estate investors and developers and is consistently ranked as the top commercial mortgage brokerage firm in the country for multifamily lending by the Mortgage Bankers Association.